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India to keep sugar export subsidies even as rivals complain to WTO; govt likely to make changes in providing incentives
Business

India to keep sugar export subsidies even as rivals complain to WTO; govt likely to make changes in providing incentives

Years of bumper cane harvests and record sugar production have hammered Indian sugar prices, making it hard for mills to pay money owed to farmers, who form an influential voting bloc.

Sugar mills contract to export 20 lakh tonnes so far in 2018-19 out of 50 lakh tonnes quota
Business

Sugar mills contract to export 20 lakh tonnes so far in 2018-19 out of 50 lakh tonnes quota

Of the total contracts, about 8-10 lakhs have already been shipped overseas, Indian Sugar Mills Association (ISMA) Director General Abinash Verma said